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CNBC
Jan 14, 2013 7:00pm EST
the white house won't deliver its own budget in time and still wants to raise more taxes. we're about to hear a response from a republican house member. >>> that's not all. fed chief ben bernanke is saying it must raise the debt ceiling and that the fed is going to keep buying bonds for now. on this one-month anniversary of the heinous, awful newtown shootings, the sheriff comes out in favor of banning assault weapons. "the kudlow report" begins right now. >>> first up tonight, president obama slams the republicans. he says no gimmick, no magic coins. just the plain old standoff on the debt ceiling. who is gonna blink first in this? john harwood joins us from washington with the details. good evening. >> good evening. the president used the last news conference of first term to draw an ever-brighter line with congressional republicans on the debt ceiling. they say they want dollar for dollar spending cuts to be matched with an increase in the debt ceiling. the president said i'll negotiate with you, but not over the debt ceiling. he simply is not going to allieu republicans to take th
CNBC
Jan 17, 2013 7:00pm EST
. it would be progrowth and no more tax hikes by the way. spending and the debt are the top issue of concern for voters. look, these heinous mass murders are not about weapons. question -- why isn't anyone tackling the really tough issue that may be the root causes of these atrocities? such as broken families, such as the absence of fathers who set examples for their sons? such as the loss of faith in our schools? such as our homes and our culture that have lost faith as well. tonight, we are going to talk about the family values breakdown in america. "the kudlow report" begins right now. another key point tonight. for most of the history, america drew at 3.5% per you. the last dozen years however, we have dropped below 2%. and the so-called obama recovery is just a tad above that 2% rate. which should be unacceptable. it is the worst in the post world war ii era. so the question tonight, what's holding back the american economy? here's my quick road map for an economic boom. start off with major cuts in government spending. we should stop paying people not to work. then cut large and small
FOX Business
Jan 15, 2013 5:00pm EST
. >> if you give a mouse a cookie he will probably want a glass of higher taxes that is my theory. we're just seeing a hit to our paychecks because of this year's tax increases. now the president says we need to give him even more. we'll tell you how bad it could get. >>> u.s. gas demand has slipped to the lowest level in years but is it really because of fuel-efficient cars or could it be so many people out there are out of work they can't even afford to pay at the pump? we'll get to the truth behind the numbers. even when they say it is not it is always about money. melissa: all right. here's today market moment. mixed economic data led to a choppy trading session for stocks. the dow rallied for a fifth straight session, closing up 27 points. another day for dell shares. fox business's charlie gasparino, silver lake partners, private equity firm is in advanced talks to buy out the company. facebook unveiled a new search engine called graph search. it hopes to revolutionize how users find thinks on facebook. for example, a guy could ask who among my friends doesn't have a girlfriend, lives i
FOX Business
Jan 14, 2013 9:20am EST
's our fault. is a carbon tax coming? yeah, art laffer on that, too, apple may be below 500 bucks a share, we'll tell you. we've got it all. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. maybe you want to incorporate a business. orrotect your family with a will or living trust. and you'd like the help of an attorney. at legalzoom a legal plan attorney is available in most states with every personalized document to answer questions. get started at legalzoom.com today. and now you're protected. >> we're coming right up on the opening bell. this monday morning, we're expecting stocks to go down just a little in the opening. a very small amount, and the well has stopped ringing and that means we're open for business. what's the opening t
FOX News
Jan 13, 2013 5:00pm PST
for being outspoke been a-- (applause) >> the president said that he'd raise taxes on the rich to help the middle class. so, why is the middle class being taxed more? coming up, country superstar john rich and small business owners travis perry and william marsh join me to talk about how taxes are affecting them and their employees. stay with us. i'd like to hear from you, go to my website, mikehuckabee.com. tell me what you think. or sign up for my facebook page and follow me on twitter. find a link to that and more on mikehuckabee.com. people have doubts about taking aspirin for pain. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day afr day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] e pill eachmorning. 24 hours. ze
CNN
Jan 14, 2013 9:00am PST
loopholes through tax reform, which speaker boehner has acknowledged can raise money in a sensible way, and by doing some additional cuts, including making sure that we are reducing our health care spending, which is the main driver of our deficits, we can arrive at a package that gets this thing done. i'm happy to have that conversation. what i will not do is to have that negotiation with a gun at the head of the american people. the threat that unless we get our way, unless you gut medicare or medicaid, or, you know, otherwise slash things that the american people don't believe should be slashed, that we're going to threaten to wreck the entire economy. that is not how, historically, this has been done. that's not how we're going to do it this time. [ inaudible question ] chuck, what i'm saying to you is that there is no simpler solution, no ready, credible solution other than congress either give me the authority to raise the debt ceiling or exercise the responsibility that they have kept for themselves and raise the debt ceiling. because this is about paying your bills. everybo
CNBC
Jan 14, 2013 9:00am EST
phone 5 sending shares below. >> did you see your paycheck on friday? the payroll tax hike obviously kicking in for many americans. felt like a pay cut. will this be a temporary shock or a headwind as stocks hover at five-year highs. >> ubs achoirs tnt after a commission throws up road blocks. >>> to the top story. in the pre-market, we've seen apple shares fall below $500 for the first time in 11 months. the tech giant has cut its orders for iphone 5 components because of weaker than expected demands. screen orders for january to march quarter have fallen about half. the company had planned to order. apple said to cut orders for components other than screens. now, jim, we've had sort of this concern about demand for the iphone 5. i think last week when deutsche bank came out with the note from the japanese team, specifically citing this very issue, that's when the concerns really started to mount and the stock really started feeling the impact. >> i think that there's something wrong with the iphone 5. i think that samsung has come on very strong. when you go to a resaler, the sales
FOX Business
Jan 15, 2013 8:00pm EST
the election, campaign, democrats talked about taxing the rich, make the rich pay more, they played that game of class warfare, no people are finding without, that is not -- only going to take care of a small sliver of it, now, they are using terms like revenue, they don't top tell the little -- don't want to tell the little by they will be raising taxes. lou: is that true. >> actually, when it comes to debt sealing it is a nonnegotiate item. >> so step lated, this is -- stipulated, this is crazy, what is hoyer talking about in. >> i can't peak to that issue. lou: come on, there has never been an issue youk could not talk about. >> we have to focus on entitlement reform. lou: you are not? robert thank you, and sherri, and curtis thank you. we appreciate it that is it for us, tonight we appreciate you being with us, hope you will join us, here tomorrow, it will be outstanding, i guarantee it, good night from new york. neil: sun of a -- we dodge the cliff, and the agency refuses to cut us a break, i am neil cavuto, i hate to say i told you so, fitch investors say that we're ripe for a
CNBC
Jan 15, 2013 9:00am EST
that dividend taxes were going to go up dramatically. even down to the last day of december. you come in, dividend taxes barely go up. i find that, like facebook, which we're going to talk about in a moment, we're not really privy to what's going on. it kind of drives me crazy. we're in a democracy and you're supposed to know. but i do feel that when i look at spain, when i look at france, when i look at germany, i look at the united kingdom they do not get caught up in this kind of wrangling. they are better governed nations right now. >> that's easy to say, i guess, when your comparison seems to be what is a completely dysfunctional congress at this point. jim, how do you go about trying to gauge how to even play this? you look at what happened over the end of the year, the fiscal cliff. and at the end of the day you might take away, well, they did get something done and the markets reacted positively. look at the rally in the first week of the year. do you approach it the same way? it seems to be to a certain extent we're not ignoring it, but at least saying i'm not going to -- >> i d
FOX Business
Jan 15, 2013 9:20am EST
, calling for new revenues and 30% believe tax hikes are needed now and support for the president's position there ended. stuart: excellent, well, not excellent, but thanks for the informati information. [laughter] >> thanks for the information, scott rasmussen, good stuff. time for the gold report, where are we this morning? the dow is down 30. we see gold up 9 bucks, 1679 is where we are for gold. lance armstrong comes clean and he says he wants to compete again and he might rat out others to do it? whoa. sandra smith, brian, they're here, will they forgive, forget, and give him a second chance? i would not, but would they? that's next. ♪ at a dry cleaner, we replaced people with a machine. what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ if it makes you happy, it can't be that bad ♪ >> and that's-- well, lance armstrong admit today what many people speculated for many years, he lied and cheated. the seven time tour de france winner, stripped
FOX News
Jan 17, 2013 7:00pm PST
. >> greta: taxes and have you thought about our corporate tax rate? >> could have,we have the highest corporate tax rate in the entire world now. japan used to be number one and u.s. number two. they cut their rates and now when you combine state and federal taxes, the highest corporate tax rates in the world. >> greta: how does that affect your business? you're very successful, you're a rich man and how does it affect you and your employees. >> every dollar we pay in taxes is a dollar that we can't give back to the customers in lower prices, a dollar we can't pay to our team members and higher wages and benefits. it's a dollar that we can't give back to the suppliers with lower prices. it's a dollar that we can't donate fill v-- fi -- and you need to hear this next, but the headlines are screaming scandal. a new cheater joining the ranks of tiger woods, arnold schwarzenegger and kristin stewart. who is it? well, that's coming up. and in two minutes, a 16-year-old is drunk driving and a mother finds a public way to punish him. is she teaching him a good lesson or going too far? you se
MSNBC
Jan 15, 2013 8:00pm PST
. in the second term, we reported this in a series in "the huffington post," we showed in the debate on taxes, it will take a more publicly confrontational approach to the republicans. he says you treat me like this, i'll treat you like this, go ahead, make my day. i think you will see on gun control, debt ceiling, on everything down the road, public pressure from the president rather than wasting his time on events that the republicans don't even want to come to at the white house. >> yeah, howard, my experience in the senate in the '80s and '90s, was simply that, the big difference was opponents treated each other much more respectfully, they did oppose what they were trying to do. but they didn't try to use tricky tactics. they were very open, honest about it. they let each other know well ahead of time. they didn't try to block every maneuver in parliamentary terms. but on anything important, i never saw anybody get a vote out of friendship or socializing snow >> good evening, americans, and welcome to "the ed show" from new york. what do you say we dive into crazy tonight. the call for c
FOX Business
Jan 18, 2013 1:00pm EST
not want to do it. he actually does want to negotiate on spending and tax reform. what he does not want to do is have that take place when the republican position on the debt takes the economy hostage. that is off the table. i think the president is smart to be firm and clear on that. next time it would be democrats if we had a republican president. ashley: would you agree, i know it is out of your area, but the senate has not passed a budget in four years now. would you agree with republicans that it is not the way to go and i could, in fact, be breaking the law without i do agree with them. we actually have not passed the budget. i am with them on this concern about our inability to actually do the basic work that a legislature must do. ashley: i know bernanke, timothy geithner, rating agencies and many more states what is the point of a debt ceiling? we routinely raise it anyway. what is the purpose? >> there is no purpose. the debt ceiling has become a device for fiscal irresponsibility. republicans and democrats both dated. senator obama voted against the debt ceiling increase. if
CNBC
Jan 15, 2013 3:00pm EST
that fiscal cliff deal where dividend taxes just went to 20%. a lot of upset and anticipation that it would go higher but 20% is a great number. >> exactly. >> steven hammer, setting some highs of the day right now. you're bullish at least for the short-term here, how much higher do you go? >> i have no doubt in the next six months. we could potentially see anywhere from a 5% to 10% increase in the u.s. stock market, but we need to be cautiously optimistic, and to us it's all about earnings and it's all about volatility which is why we wait based on risk, and investors need to be cautious to where they invest money and they still need to stick with quality. >> okay. hank smith. what's going to take us to these new highs, do you think? >> well, look, i think we've seen in the beginning of this year finally some money coming out of bond mondayfunds going i equity funds. for five years it's been just the opposite so perhaps we're at the very beginning of what could be a very powerful trend providing a ton of fuel to the equity markets, and we agree. look, dividends are still very attractive, as l
MSNBC
Jan 15, 2013 5:00pm PST
zero federal tax dollars. congressman darrell issa, he lives in a different world. he is the leading republican in charge to end saturday mail delivery and cut jobs. >> i think the american people look at the post office as something they don't use very much, but would like to have it still around. >> really? they don't use it very much. darrell issa acts like the postal service is just a luxury and always has been. americans depend on the postal service to deliver things like medicine, absentee ballots, fed ex and ups. they couldn't get into some of these neighborhoods hit hard by hurricane sandy. u.s. letter carriers delivered. but republicans think the postal service should do even more. >> like any business, ups, fed ex, the post office, it can live within its means if it makes appropriate changes. >> how can he say that? how can he say that with a straight face and have any integrity whatsoever? the post office is already required to live within its means. it pays for itself. i challenge the congressman from california to name any other business that could stay open under this b
FOX Business
Jan 14, 2013 8:00pm EST
does not stop taking taxes out of your check. even if we go to the brink, they will keep taking the taxes out. tax revenue keeps coming in what washington has to decide is prioritizing what money goes out and where? what do you think is top, top priority. the bill to pay before all others? like if we were in same boat, same emergency we would pay the mortgage or rent first to keep a roof over our head, we prioritize, so does uncle sam like we know we might as well toss our home good-bye. the government knows a default comes only, when obligations to spreadtorcreditors or investorst paid. that is their mortgage emergencies, that upsetting the other stuff, defaulting it is not, that is why some republicans are paying so tough, raise but only if you match in equal spending cut, president said that is crazy, tea party activist thinks that going through this shar charade is cr, what do you think? >> i am so glad that you are pointing this out, i think it is so irresponsible -- i know that very few others in the media are going to point this out. this is a perpetual problem, it is a l
FOX News
Jan 16, 2013 6:00pm PST
for his hypocrisy. >> mr. obama demand the wealthy pay their fair share of taxes and just another elitist hypocrite for their fair share of security. a and-- >> you can go to the hannity control room right there and see our producer working hard kind the scenes to bring you the hannity live experience where you get the background information on the stories covered right here on the show. and in the break, you can go to hannity llive.foxnews.com and share your opinions on president obama's gun proposals, i'll see you there and coming up michelle malkin, senator rand paul and much more as we continue. at pricep you...out of the red. this week get a bonus $15 itunes gift card with any qualifying $75 ink purchase. find thousands of big deals now... at officemax. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not ju
FOX Business
Jan 15, 2013 1:00pm EST
, as well. melissa: that is so typical of tax. when it comes out, it better be a big deal. shibani, thank you so much. we will stay on top of it. lori: it feels like the developers conference where they create so much hype. then, if it is not a big deal, you are taking a big risk. in the meantime, in washington, the clock is ticking. just a month away from reaching our debt limit. they are considering proposing a delay to president obama's health care law in exchange for raising the debt ceiling. rich edson has the latest. rich: they have been figuring out what they want to propose. perhaps floating a delight in the implementation of the president's health care law. the bulk of the spending starts in 2014. that is just one of them any options they are hoping to discuss. major tax and entitlement reform. that will be discussed throughout the rest of the week. >> we have to come to a point where we stand and fight. i hope this is the time. there is no such thing in this definition. we'll pay social security, will you pay medicare or would you use it as a tool to try to get the house republi
FOX Business
Jan 17, 2013 3:00pm EST
because what you're seeing is at the end of the year when everybody was terrified about tax implications we were down. here comes the fiscal cliff resolution. and then we have done a nice move and this continues to move higher. what is going on? well, if you look at the chart you can see. let's do it. you can see, there was a fault. we have a nice move since then. limited options if you're thinking about filing your annual tax return, you will have to wait a bit, but this is a company that people perceive will help them. the irs pushed back its opening date for tax season by eight days to january 30th. if you're interested to see how the other guys have done, here is a to our block with into it. very similar picture. not as big a jump today. looking pretty good. shares taking off. let's look at the moment. let's get to sony. >> we talk about it. a great job over at the consumer electronics show. remains in focus especially today. the ceo, the new ceo talked about the fact that he really is going to shepherd this ship and move this forward. facing tense competition from apple and samsung.
FOX News
Jan 15, 2013 3:00pm PST
jersey and connecticut, these three states pay almost 16% of the taxes collected in the united states of america. >> some house conservatives favored amendment offered by south carolina mick mulvaney to pay for $17 billion in disaster relief cutting discretionary spending across the board by 1.63%. >> it's important to me that the money goes to the folks who need it very badly. it's so important to me,be that i think we should pay for it. >> the amendment failed. key new york democrat says paying for disaster relief cutting elsewhere would be a first. sandy victims should get their aid. >> i wantbe to repeat this point again. united states of america we respond to disasters. all americans respond to disasters. we don't ask for off-sets. >> with the nation's debt at $16 trillion and counting, conservatives say it isn't about bashing the northeast. it is about saving the country. >> we have to get this under control. most conservatives believe we have to come to a point where we stand and fight. i hope this is the time. >> after president obama said it would be irresponsible and absurd
FOX News
Jan 17, 2013 1:00pm PST
to be about 5 to 7% lower, meaning those people in the exchange that needed a subsidy would take fewer tax dollars and it is also estimated that it would serve as an anchor, because there's competition, to bring down the cost of health care, even in the private sector as well. >> when is the government -- when is the government ever done that? with george bush's plan, you were critical and had a right to be for prescription drug benefit. the argument ises that it would drive down the cost of those drugs. if anything they have soared since that benefit came in because the government cannot act as a source of even buying in bulk for cutting prices. >> that's exactly right. and in fact i'm also supportive of legislation that would allow medicare, just leak the veterans administration to negotiate with the manufacturers, the drug companies, for lower drug prices. and i guess the point is that there are -- >> it doesn't work. didn't work in the case of drug prescriptions. if you were to expand this to care, what -- >> no, no. >> what is the chance you would get more bang for the buck? >> here's
MSNBC
Jan 16, 2013 7:00pm PST
, and raised taxes more than once. and reagan was in favor of a ban on assault weapons just like president obama. >> right, and that comment was a way of saying that these are very centrist reforms, really common sense things that most americans agree with. he emphasized that in a few ways and a few times during that time. and i think the framing you're talking about, too, is really important. it is not just guns they're looking at. they're looking at mental health and research, links between violent media. you know, they are looking at more armed school resource officers at schools and providing funding for that. but i think constantly framing it, these are things that just make sense that the majority of americans support. and how can the republicans be so intransigent, not be even willing to discuss or consider any of these measures. >> richard, a month ago we heard the pundits say hand it off to joe biden and you will be involved in a senate committee process and lose all the momentum. well, this president/joe biden team, in the meantime, solved the fiscal cliff situation. joe biden re
CNN
Jan 20, 2013 7:00am PST
in this case may be the calm before the storm as president obama begins his second term. taxes, spending, deficits, gun control, immigration. a lot to do and not a great environment to get it done. but with us now, two men who may not have to worry too much about that, but who may give us great insights if possible to get great things done. barney frank, the former democratic congressman from massachusetts and steve latourette, republican from ohio. first to you, congressman, as the democrat, what does the president have to do differently in the second term to have a more cooperative, working environment. to you, sir, what does the republican party need to do to try to get some things done? >> i have to differ with the preface, john. >> i thought you might. >> barack obama -- look, this notion that partisanship has taken over. it began when barack obama became president. i was chairman of the financial service committee of 2007 in the bush administration and i worked very closely with hank paulson, secretary of the treasury. we worked on putting fannie mae and freddie mac to stop the law
FOX Business
Jan 14, 2013 4:00pm EST
does, 100 billion dollars or so, you wonder whether or not it's had a tax hit yet, if it's overseas, it hasn't. how much of the 5 billion that dell has is overseas? >> you know, that's a good question. i don't have that number off the top of my head but with these tech companies selling so much globally you do end up getting a large stockpile overseas. david: let me stop you there so our viewers know. that means there could be a potential big tax hit if most of that money is overseas? >> yeah, that's exactly right. if you have to repatriate for use in something like this, then you have to pay the differential in the different tax jurisdictions. so while you have 5 on the books, it could be significantly less that you could actually utilize. sandra: i want to bring a report from goldman sachs. they upgraded based on quote the possibility of a leveraged buyout offer providing floor for the shares. if you own dell shares, if you want to own dell shares, what does one do right now based on the news that we have at this moment? >> well, i think outside of a takeout, the 2013 still looks
MSNBC
Jan 17, 2013 5:00pm PST
the commerce clause. >> right. >> what he said was it was a tax. >> must have been a mix-up in the prenotes of the preinterview. but let's see a shot in freeze frame. this is the face of a truly confused man. the elevator doesn't go all the way to the top here, folks. if only sean hannity would listen to his boss, he might not be so confused. "the constitutional right about guns is for self-defense and hunting. founders did not mean modern weapons of war." lining up the crazy is not a difficult task for the right wing these days. but this rhetoric and hysteria i think is very dangerous. there is no basis to call the president of the united states a tyrant or a dictator, and no president ever deserves to be compared to stalin or hitler. but of course it continues. it happened earlier this week. someone needs to be an adult in the room to tell them to cool it. you know? this is america. but abusing the first amendment really is not good. there is a responsibility when you're in front of a camera and you have a microphone. and if this is the way they want to use it, what do you think is going
NBC
Jan 18, 2013 6:30pm EST
of conspiracy, bribery, money laundering, tax fraud and filing false tax returns. it's alleged nagin took flat-out cash kickbacks from city contractors. he ran as a reformer, even in the long history of corrupt government officials in new orleans, this federal indictment is a first. some time ago, ray nagin left new orleans and moved to dallas, texas. >>> more bad news for boeing after the faa grounded all their 787 dreamliners while they investigate some onboard problems. boeing has now suspended deliveries of the aircraft to customers. this has been a huge blow to the big seattle manufacturer, because of what the 787 means in their fight for market share with airbus of europe. boeing has nearly 800 orders for new dreamliners in these coming few years. >>> in washington tonight, with our latest polling showing the gop at its lowest approval rating in years, there are indications the party is trying to avoid being seen as obstructionist in this coming fight over the debt ceiling. in a big shift today, house republicans said they will vote to lift the limit for three months, but on the conditi
CNN
Jan 14, 2013 11:00am PST
different visions. a republican said, you know what, we didn't win that fiscal cliff battle, we raised taxes, we didn't want to do it, now this has got to be all about spending cuts and you have the president saying, no, it is going to be about raising the debt ceiling, then we can talk about some kind of grand bargain. but you have to get over the speed bump, brooke. and i just -- >> hang on a second. you used two words -- gloria borger, you're saying grand bargain? is that -- ali velshi, let me ask you that, grand bargain, is that in our lexicon anymore? >> yeah, i don't even know if bargain is a possibility. gloria knows the politics of this better than i do. the -- somebody asked the question at the press conference, the president said he's not negotiating on this, but you said that about increasing taxes, the last debt limit. i don't know where you go from here politically. i only know economically the market will act as an enforcer and interest rates will act as an enforcer if you don't get it right. how you get a deal, that's above my pay grade. >> and, brooke, the real problem here,
CNN
Jan 13, 2013 7:00am PST
% flat tax. i mean, that is a very low tax in a country where inequality of income is just gigantic. right up there with america's inequality of income. there is a lot of resentment among ordinary russians are paying only 13%. another side potential consequence. putin, russia is turning east. it's turning away from europe and that's the subject of a much longer discussion. but, putin, russia's two main allies in europe have been germany and france. the german relationship has soured. the french relationship has not soured. but if this goes down, this act or stunt of taking russia, by the way, he's not going to live in russia. he just took the passport. but if this goes down badly in france, for any reason, it will further fray russia's ties with the west and russia's turn to the east. that's not good for any of us, i think. >> stephen cohen william browder, thank you for joining us. >>> why in the world would the country's with the greatest oil reserves in for a year of complete upheaval. it's not saudi arabia, it's not iran, it's not russia. i will explain. searching for a bank des
MSNBC
Jan 15, 2013 9:00am PST
. the republicans need to be able to run against barack obama as the tax and spend liberal who keeps plunging us into debt. this would allow them to do that and still not blow up the economy. i mean, the only thing here that we know for certain is that they are going to raise the debt limit. they're going to do it. they know it. we know it. it's just a matter of how messy it's going to be before that. the way that you know republicans many my opinion are not serious, where is their list of things? if spending is such a horrible thing and we have a spending problem, not a debt problem, show us your list. what is it you would like to cut? let's see it. the last time they showed it to us, it was the ryan plan to destroy medicare and turn it into a voucher, and then they ran away from that during the presidential campaign when they should have been showing it off. if they're so into cutting the deficit and they think spend issing the problem, show it off. let's see what you got. they don't want to do it. >> what i don't understand about this is why if you believe that ultimately they're going to hav
FOX News
Jan 19, 2013 12:00am EST
demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by and large protected by police and armed security. i mean, what's unfair is there are moms and dads all over this country, getting up and sending their kids to school on monday and tuesday next week that are praying that their kids come whom safe. and we could immediately help protect those kids by putting armed security in schools, same armed security that the elite has. it's the same with self-defense. these celebrities in hollywood, the rich, the powerful, the politicians are all protected, body guards, security, all the magazines they want. i mean, since when does the idea of protection limited to a
MSNBC
Jan 17, 2013 11:00pm PST
taxes. 90% agree with him, for example, on universal background checks on the purchase of a weapon. it's very different from what happened with george bush when he won a very narrow victory in 2004 and then said he had a mandate and decided he had a mandate to privatize social security, which was deeply unpopular. the great strength of the president here is he knows what he wants to do, he's very focused, and he has the country with him. some of this stuff is going to be tough to get through congress and you may have to fight it in the midterms and beyond, but he's going to make real progress, i think, because of what he believes and because he's got the country with him. >> well, these are kind of fundamental issues for a president, guns and keeping the government going and fighting for his foreign policy team. it's not like he's looked for a fight. let's face it, newtown forced everybody to deal with this. >> newtown has changed everything. >> i don't think he's looking for a fight. i think he's found one. >> i agree with you. i think since the election this has been the best period
MSNBC
Jan 16, 2013 3:00am PST
their fair share of taxes, but he's just another elitist hypocrite when it comes to a fair share of security. protection for their kids and gun-free zones for ours. >> that's a real ad. that, my friends, is political pornography. >> that's one of the grossest things i've ever seen in my life. >> i don't know what to say. joe? >> what's wrong with these people, mika? what's wrong with these people? you have children that had no say in the decision on whether their father was going to step forward to be president of the united states, to run for president, one of the most bone-crushing sacrificing things any husband or wife can do to their family. and the second they make that decision, their children and their entire family have targets on their backs. and the nra is putting something out like -- what's wrong with these people, putting out apps that 4-year-olds can play on the anniversary of the newtown murders, and now putting out an ad talking about the president's daughters? >> they are out of step, out of the mainstream, totally out of sync with what's going on in our society. and quite f
FOX Business
Jan 16, 2013 4:00pm EST
taxes at the end of the year. what did people do? they sold stock in december. they rolled forward bonus income. about 100 billion of income was taken in december. that money is being reinvested of the a lot of that money has been going into the market. we've seen 22 billion go into u.s. equity mutual fund and etfs. the most in a while. there is even a positive influence to u.s. equity mutual funds, if it lasts through the month, that would be the first inflow since february of 11. liz: that is good. >> yes, there are some positive things. extra money going into the economy has helped. people feel good about it but there is a problem lying in the weeds or woods, whatever, and that is if the income was taken last year, that means income this quarter is going to be down year-over-year you even get to the higher tax rates that are kicking in now. so we're going to have a problem in terms of comparisons both year-over-year and sequentially going forward here. income growth, take-home pay for people, unless there is a phenomenal pickup somewhere in the economy and certainly not real estate un
MSNBC
Jan 14, 2013 3:00pm PST
the right thing. this is the same crew that were saying they would never see taxes go up. we don't need every member in a republican party. we need 218 votes in the house for a reasonable package. and, you know, you have to watch for people to do, not just what they say. in the u.s. capitol, you can't walk in here with a grun. you can't walk in here with an assault weapon. over in the supreme court which says you have this unlimited right to have a gun, you can't walk in there with a gun. why should people walk sbhinto schools or movie theaters? that congress should provide for the american public. we know that guns can be dangerous in the wrong hands. that's why we have all of the rules and regulations and the security protections here. and we need to make sure that in our day care centers and our communities, we provide a better safety environment for our kirn. >> now, rooiyan, it seems like e republ lip cans, and i noticed the congressman said we don't need them all, some republicans do sound like they are more open to possible gun legislation more than some of the far right. listen
MSNBC
Jan 14, 2013 5:00pm PST
to tax and spend to the congress, and the congress alone. our current deficit is the result of money congress has already borrowed. president obama explained to the american people today how republicans in congress are trying to avoid doing their actual jobs. >> these are bills that have already been racked up. and we need to pay them. so while i'm willing to compromise and find common ground over how to reduce our deficits, america cannot afford another debate with this congress about whether or not they should pay the bills they've already racked up. >> if the american people do not catch on to the severity of all of this, of defaulting on our debts, the country will be in a dire situation. president obama knows this. he believes it. he has proved it before. and he is not going to play games with economic stability. >> so we've got to pay our bills. and republicans in congress have two choices here. they can act responsibly and pay america's bills, or they can act irresponsibly and put america through another economic crisis. but they will not collect a ransom in exchange for not c
MSNBC
Jan 15, 2013 3:00pm PST
is borrowed and which is paid for through taxes. they're making a philosophical point. i don't doubt the sincerity. he cares about deficits. but at a time like this, it's a delay. and i don't know how he can square his sympathy for victims because he was a victim, too, at one point with this political point he wants to make about budget. yes. there is discussion to be had about budgets and deficits. but right now this has a real impact, these delays. so making the point about deficits is stopping people from getting the help they need. and if he wants to have that debate, have it in the bigger context. this $60 billion, it's a drop in the ocean of bigger debt problems and they are long-term debt problems. they need to talk about them, but this isn't the point or time to do it. there's a time and place. this isn't it. >> and my point is -- i don't want to just beat up on congressman mulvaney. 137 voted for this. >> at least he had the guts to defend himself. >> people in this country that we have gotten to the point in politics where now we can watch with a complete detachment people
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